The Londonderry sifter. (South Londonderry, Vt.) 1883-19??, 1887-04-28
The WESTERN BOOM.
It. Joseph, Mo-, Still Leading All Competf-
tors in II cal Estate Deals and the Ac0ui-

Ct. Joseph, To-, still Leading All Gompetf-
tors tn II cal Estate Deals and the Ac0ui-
sition of Substantial Enterprises.
The most noticeable real estate activity
continues to prevail at St Joseph, Mo-,
says q correspondent OF an Eastern paper.
Packing houses and other industrial en-
terprises among them the Louisiana To-
bacco Works, are going in at lively
rate; one of tho, chief evidences Of the
growth Of the city being the granting Of
franchise to syndicate Of Kansas City
capitalists for the construction Of an eI-
tensive system Of cable lines, to be COM
menced at once, and to cost $500, 900.
This best evidence, however, is in the show
ing of actual transactions closed in one week
recently: w. A. P. Mcdonald bought 90
lots in Eastern Extension for $500. He
sold 81 Of them for $10,T0O, and sold
the balance at an advance of $40 per foot
in cost. Sam Nave and J. s. Britton
bought a lot in Patees addition for
w. H. Constable bought lot 2, block "a,
st, Joseph Extension, for $500, and sold
for $3.50. J. s. Blackwider, OF Chicago,
bought eighty feet southeast corner Of
Third and Sylvanie, for $4,000, and has
been offered nearly double that for it and
refused it, J. n. Hill paid $1,000 for
northeast corner Of Second and Francis,
and has since refused $4,000. c.. W. Brown
bought two lots on ST. Joseph avenue for ST.
900, and sold in six days for $1,000. John
Kelly bought two lots in Eastern Extension;
he paid 5000; in thirty days he sold for 5000;
1t has since been resold for 81 200.
J. F. Tyler bought lot in Eastern Ex-
tension for Sl25 and sold to Hubbard for
$500, who has since been offered 800. l..
E. Carter bought lot in January in KEN
pers addition for 500. In three days
$4,000. He bought four lots in Robidoux
addition for $4,000; sold for $1,000 and
his purchaser sold for Ss,0oO Mrs n
NJ. Brewster bought three lots for $500
and sold for s1,150 in three days, and in
four days they were resold for 81, 400, D..
Joseph for $500 and sold the next day
for $3.50; also three others for $500
and resold in three weeks for 81 900,
One of the publishers Of Hoye's Direc
tory speaking Of the Western cities and the
prevailing boom, writes as follows Of St.
Joseph, where he has just issued the Di-
rectory for 1887: "Not only has st. Joseph
increased in population at most satisfac-
tory rate, there being an increase in one
year of 5,S46, while the total population in
round numbers is shown to be 10000; but
she has undergone spirited revival that
augurs the outstripping OF all competition.
Ten years ago the city had scarcely dozen
manufactures, whereas the year '87 finds
her with some 40 of all kinds, with thirteen
railroads the largest stockyards west Of
Chicago, some thirteen miles of streets,
paved with asphaltum, and as many miles
more under contract, with the electric motor
soon to be in operation on two of the car
lines, and the cable line an assured fact, and
new enterprises springing up daily on every
hand. The demand for real estate has
been steady and active. For the past year
st. Joseph has led almost continually tie
other cities Of the United States in banl;
clearances, the per cent. of increase over
1885 reaching in one case l40.7, and up to
date maintaining an average Of almost 100.
Down to Dec. 81, 1886, ST. Joseph's job
bling houses did a business of $40, $50, :
600, showing an increase IN the business OF
1886 over that Of 1865 of S29111 OPS A
fair indication of the increasing business
may be sought in the fact that st. Joseph
now employs force of commercial travellers
numbering lob men"
st. Joseph, more than any other West
ern town, offers the best inducements to
men of small capital TO commence a manu-
featuring business, and to mechanics and
laborers to find employment and build de
sirable homes.